A rash of companies, led by household names Caterpillar (CAT), 3M (MMM) and Target (TGT),...

|About: Caterpillar Inc. (CAT)|By:, SA News Editor

A rash of companies, led by household names Caterpillar (CAT), 3M (MMM) and Target (TGT), crowded the bond market today with nearly $6B in offerings, seizing on an opportunity to borrow before Europe blows up and with QE3 at least still on the table in the U.S. Among other big borrowers: TOT, WES, PXD, Y, BMR.